Policy analysis: A practitioner's musings

Public policy analysis is inextricably connected with the role of the government in an economy. A standard textbook on economics notes that "markets produce the most efficient bundle of outputs using the most efficient techniques and the minimum of inputs". This result is predicated on the assumption that markets are...

How Britain could change its mind about Brexit

Will 2018 be the year when the United Kingdom changes its mind about leaving the European Union? Conventional wisdom says that stopping Brexit is impossible. But what did conventional wisdom say about Donald Trump? Or Emmanuel Macron? Or, for that matter, the original Brexit referendum? In revolutionary times, events can...